Nvidia(US:NVDA) Zhi Tong Cai Jing·2025-09-02 22:26Market Overview - Major U.S. indices closed lower due to rising Treasury yields, causing investor concerns [1] - In August, the Dow Jones increased over 3%, S&P 500 rose nearly 2%, and Nasdaq gained 1.6%, marking the fourth consecutive month of gains for the S&P 500 [1] - As of Tuesday's close, the Dow fell 249.07 points (0.55%) to 45295.81, Nasdaq dropped 175.92 points (0.82%) to 21279.63, and S&P 500 decreased 44.72 points (0.69%) to 6415.54 [1] European Market - European indices also experienced declines, with Germany's DAX30 down 534.22 points (2.22%) to 23488.84, UK's FTSE 100 down 83.99 points (0.91%) to 9112.35, and France's CAC40 down 53.65 points (0.70%) to 7654.25 [1] Asian Market - Asian markets showed positive performance, with Japan's Nikkei 225 up 0.29%, South Korea's KOSPI up 0.94%, and Indonesia's composite index up 0.85% [2] Commodities - Crude oil prices increased, with NY light crude for October delivery rising $1.58 to $65.59 per barrel (2.47% increase) and Brent crude for November up $0.99 to $69.14 per barrel (1.45% increase) [2] Currency - The U.S. dollar index rose 0.69% to 98.382, with the euro trading at 1.1645 USD, the pound at 1.3386 USD, and the yen at 148.28 USD [2] Cryptocurrency - Bitcoin rose 1.66% to $111074.1, while Ethereum increased 0.34% to $4329.05 [3] Precious Metals - Gold prices reached a new historical high, with futures hitting $3600 per ounce, up 2.39%, and spot gold rising 1.64% to $3533.85 [3] - The increase in gold prices is attributed to heightened demand for safe-haven assets amid market uncertainties and expectations of U.S. interest rate cuts [3] U.S. Treasury Yields - The yield on the 10-year U.S. Treasury rose by 3.30 basis points to 4.2614%, while the 2-year yield increased by 2.25 basis points to 3.6392% [3] Corporate News - Google (GOOGL.US) was ruled not to divest Chrome and Android systems but must share data with competitors to enhance market competition [6] - Apple (AAPL.US) continues to experience talent loss in its AI division, with key personnel moving to Meta Platforms (META.US) [7] - Nvidia (NVDA.US) faced a decline in stock price, dropping 4% to $167.22, marking its fourth consecutive day of losses and breaching the 50-day moving average [8] Analyst Ratings - D.A. Davidson raised the target price for Alphabet (GOOGL.US) to $190 [9] - Haitong International increased the target price for Baidu (BIDU.US) from $85 to $95 [9]